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We all know that before commercializing the product company test their concept by presenting the concept statement in front of respondent to see their reaction?
-How much important a concept statement is in order to attract your customer towards your product?
-How adding price in a concept statement can be beneficial for a company? You have to prove that adding price is good thing by giving logical arguments.
Walt consumes strawberries and cream but only in the fixed ratio of three boxes of strawberries to two cartons of cream. At any other ratio, the excess goods are totally useless to him. The cost of a box of strawberries is $10 and the cost of a ca..
it is relatively easy to distinguish between cost-push and demand-pull inflation even if you don't know the source of the inflation. a supply shock will cause a variation of demand-pull inflation that can lead to hyperinflation.
If we assume that velocity is constant, does this zero-inflation goal require that the rate of money growth equal zero? If yes, explain why.
Suppose that the government imposes a temporary tari? on all imports, which makes imports more expensive relative to domestic residents (reducing the trade balance for any fixed level of the real exchange rate). Discuss the implications of this polic..
Suppose that an impending environmental regulation to control the hazard of premaure death from 5/100,000 to 1/100,000 per year in exposed population of five million people. What is the maximum this regulaion could cost and still have benefits be at ..
Consider the following distribution of income in a 12 person economy, with the modern urban wage=3, the traditional rural income=1 and the informal urban wage = 2: (1,2,3,1,2,3,1,2,31,2,1). the poverty line is at 1.3. What is the level of absolute po..
Suppose that 24 years ago you purchased 100 shares of Adobe Systems common stock for $750 (excluding commission).
Why are firms are attracted to foreign markets, for example, to increase profits and revenues and to gain access to cheaper manufacturing. How may this affect the domestic country of the firm?
The price of Commodity 2 is $2 per unit if you buy less than20 units. However, there is a penalty: the price of any additional unit of Commodity 2in excess of 20 units raises to $3 per unit. Draw your budget set. At which bundle(s)you budget const..
Suppose that a firm produces output using the production function Q=0.5L + 1.5K, where L and K represent labor and capital inputs, respectively. Suppose that the cost of L is $10 a unit and the cost of K is $ 25 a unit. What is the optimal bundle of ..
What character/s do you think were best portrayed? Is this movie realistic? Do you think this really happens in schools? What life events make it more real to you? What was the most important thing that Erin learned about her students? What is the mo..
You will probably need at least 2,000,000 dollars to retire. The retirement age for you will be at least 67 – at least that is the minimum age for social security. Assume you will make an equal annual deposit into a retirement account at the end of a..
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